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Try the bay area where the developers are offering
starter homes in the low $600,000 to $2.2 million. A 3 bedroom bungalow
with an almost zero lot line starts at $360,000, if you can find one. In
SF a friend of mine just refused $650,000 for a 3 bdrm 1 1/2 bath track
home. So it all depends where you live. IN the wine country an acre
of land starts at $360,000 and if you can plant grapes on it that would be the
opening bid. Studio apartment rentals start at over $1000 a month.
So it all depends where you are how much it costs to put a roof over your
head.
<BLOCKQUOTE dir=ltr
>
----- Original Message -----
<DIV
>From:
Dan C
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
Sent: Tuesday, May 13, 2003 8:14 PM
Subject: Re: [RT] Re: TRM for Futures
Options Forex and Commodity Traders]
<FONT
color=#0000ff>He's going to deficit-spend his way out of the
recession.....and back into office.<SPAN
class=350181501-14052003>Soon...say hello
to a 3 bedroom bungalow for $500k !Our
modest North Orange County, Ca home is closer to that figure than not:
350-360K, and it is not 'worth' that, regardless it would sell there.
Pretty scary. Where will the labor pool live? Our kid will not be
able to afford a home soon, maybe now.
My little job shop is a couple of steps up from dead in the water and has
been for over a year.
I won't vote for him.
Dan To
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